Metropolitan Outlook 2A: Economic Insights into 25 Canadian Metropolitan Economies: Autumn 2003

This publication focuses on the metropolitan economies of St. John’s, Saint John, Chicoutimi–Jonquière, Oshawa, Hamilton, Kitchener and Windsor.

Document Highlights

The goods sector will carry St. John’s economy in 2003, posting another solid year of growth thanks to the expansion of the primary and utilities sector.

Fuelled by the construction industry, real gross domestic product (GDP) growth in Saint John is expected to come in at 2.3 per cent this year.

Real manufacturing output in Chicoutimi-Jonquiére is expected to decline for the third straight year in 2003, contracting by 3.5 per cent.

Oshawa’s economy is on a tear this year, with real GDP growth projected to hit a stunning 7.2 per cent.

Hamilton’s economy will show significant improvement this year, thanks to strong rebounds in both the manufacturing and construction sectors.

Led by feverish construction activity, Kitchener’s economy is projected to expand by a strong 3.9 per cent this year.

Despite a sluggish manufacturing sector, economic growth in Windsor is still expected to exceed 3 per cent in 2003.